Description

Check out this TRIPLE package with 8 units all on the SAME STREET located in West Park on Indy's west side!! These are all rent ready as multifamily units and 4 of the 8 are already leased for you. Don't want multifamily but love this area....go ahead and convert them to single family homes. Everything is flying off the shelf in a matter of days in this West Park neighborhood. 218 N Addison Ave This one is a turnkey duplex with renters in place. The downstairs unit is a 2/1 and is currently rented at $650/month. The upstairs unit is a 1/1 but could be easily converted into a 2/1, and is rented for $420/month. Total rent is $1070 and house is on one meter with owner paying utilities. 58 N Addison Ave This is a triplex that was recently updated with new carpet, new flooring in kitchen and bathroom, new kitchen upgrades, and new paint throughout. There is a bonus room off the kitchen that could be used for formal dining, an office or another bedroom. It also comes with a one car garage!! This house is on one meter and owner pays water, sewer and trash. Tenant pays gas and electric. Two units are located downstairs and are both 1/1's with one unit being rented at $400/month currently. The upstairs unit is a 2/1. 270 N Addison Ave This home is also currently set up as a triplex with two 2/1's downstairs and one 1/1 upstairs that is rented. The downstairs units come with a large eat-in kitchen, lots of cabinets, and all new plumbing! Owner pays utilities as home is on one meter. Please do not disturb current tenants. If you would like to see inside, please respond to this email or contact Amie via phone number provided below. Don't forget to check out the pictures below via the link provided in the photo gallery. *Please perform your own due diligence as scope of work may vary. Amie Lieurance Dispositions Manager FlipIndyInvestments.com in partnership with IndyREI.com 630.303.3444 amie@flipindyinvestments.com



Property Details

Property Status Available
Location 218, 58, 270 North Addison Street, Indianapolis, IN 46222, United States
Price $130,000
Estimated Repairs $0
Square Footage 1560
Sq Footage Source tax_records
Estimated Equity $-130,000
Bedrooms 3
Bathrooms 2
Year Built 1900
Sellers Disclosure I am the owner of this property and have authority to sell
Publish Date November 17th, 2017

Seller Information

Will Hull

Mountain View, California
Member since June 2016
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